LEASES (Tables)

3 Months Ended

Dec. 28, 2019

Leases [Abstract]

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

Supplemental cash flow information related to leases for the thirteen week period ended December 28, 2019 is as follows (in millions):

	December 28, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	7
Operating cash outflows from finance leases	1
Lease assets obtained in exchange for new lease obligations:
Operating leases	$	10

Lease, Cost [Table Text Block]

The components of lease expense for the thirteen weeks ended December 28, 2019 are as follows (in millions):

	Classification	December 28, 2019
Operating lease cost	Cost of Sales or Selling and Administrative Expenses	$	7
Finance lease cost
Amortization of leased assets	Cost of Sales	1
Interest on lease liabilities	Interest Expense - Net	1
Total lease cost		$	9

Leases, Supplemental Balance Sheet Information [Table Text Block]

Supplemental balance sheet information related to leases is as follows (in millions):

	Classification	December 28, 2019
Operating Leases
Operating lease right-of-use assets	Other Assets	$	102
Current operating lease liabilities	Accrued Liabilities	21
Long-term operating lease liabilities	Other Non-current Liabilities	87
Total operating lease liabilities		$	108
Finance Leases
Finance lease right-of-use assets, net	Property, Plant and Equipment—Net	$	70
Current finance lease liabilities	Accrued Liabilities	1
Long-term finance lease liabilities	Other Non-current Liabilities	51
Total finance lease liabilities		$	52

As of December 28, 2019, the Company has the following remaining lease term and weighted average discount rates (in millions):

Weighted-average remaining lease term
Operating leases	6.5 years
Finance leases	18.1 years
Weighted-average discount rate
Operating leases	6.2%
Finance leases	7.9%

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Maturities of lease liabilities at December 28, 2019 are as follows (in millions):

	Operating Leases		Finance Leases
2020	$	20	$	4
2021	24		5
2022	20		5
2023	16		5
2024	14		6
Thereafter	38		76
Total future minimum lease payments	132		101
Less: imputed interest	24		49
Present value of lease liabilities reported	$	108	$	52

Finance Lease, Liability, Maturity [Table Text Block]

Maturities of lease liabilities at December 28, 2019 are as follows (in millions):

	Operating Leases		Finance Leases
2020	$	20	$	4
2021	24		5
2022	20		5
2023	16		5
2024	14		6
Thereafter	38		76
Total future minimum lease payments	132		101
Less: imputed interest	24		49
Present value of lease liabilities reported	$	108	$	52